Pros and Cons of Living In Carmel, Indiana. Is Carmel, IN a Nice Place To Live or Retire?

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Carmel, Indiana

Moving to Carmel In Indiana ? Is Carmel, IN a Nice Place To Live? Pros and Cons of Living in Carmel, Indiana. Find out the best and worst about to live, raise a family or retire in Carmel.

Carmel () is a suburban city in Hamilton County, Indiana, United States, immediately north of Indianapolis. With a population of 99,757 as of the 2020 census, the city spans 49 square miles (130 km2) across Clay Township and is bordered by the White River to the east and the Boone County line to the west. Carmel was home to one of the first electronic automated traffic signals in the country, and has now constructed 141 roundabouts between 1988 and 2022.

DEMOGRAPHICS

Population
99130
Unemployment
2.7%
43% NAT AVG.
Poverty
3.1%
78% NAT AVG.
Cost Of Living
114
14% NAT AVG.

ECONOMICS

Median Home Cost
$352400
53% NAT AVG.
Median Income
$115109
71% NAT AVG.
Median Rent
$1247
8% NAT AVG.
Overall Score
10

CRIME REPORT

Total Crime
656
73% NAT. AVG.
70% STATE AVG.
Violent Crime
51
87% NAT. AVG.
86% STATE AVG.
Property Crime
605
70% NAT. AVG.
67% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 32
Unemployed People
1 in 37
People Earning < $10,000
1 in 53
People Earning < $50,000
17.2%
People With Any Degree
1 in 1.3

ETHNICITY

Ethnicity Carmel USA
White 79% 60.1%
African American 3.2% 12.2%
American Indian 0.4% 0.6%
Asian 10.7% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 2.8% 2.8%
Hispanic 3.5% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Carmel USA
Less than $10,000 1.9% 5.8%
$10,000 to $14,999 1% 4.1%
$15,000 to $24,999 3% 8.5%
$25,000 to $34,999 3.8% 8.6%
$35,000 to $49,999 7.5% 12.0%
$50,000 to $74,999 16.1% 17.2%
$75,000 to $99,999 10.3% 12.8%
$100,000 to $149,999 18.1% 15.6%
$150,000 to $199,999 14.2% 7.1%

EDUCATION

Education Carmel USA
< 9th Grade 1% 5.0%
9-12th Grade 1% 7.0%
High School or GED 9% 27.0%
Other College 12% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 41% 20.0%
Master's Degree 21% 9.0%
Professional Degree 6% 2.0%
Doctorate Degree 4% 1.0%
Carmel is a city in Indiana state in USA with a population of 99130 residents.. The poverty rate of Carmel is 3.1%, which is 78% lower than national average. The typical household in Carmel earns $115109 a year, compared to the national median of $67,500. Nearly 17.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Carmel remained 2.7%, which is 43% lower than national rate.

Cost of living in Carmel is 114, which is 14% higher than national average. In Carmel, only 72% of adults have a bachelor's degree and 17% have some college but no degree. Median home value in Carmel is $352400 , which is 53% higher than national average. While median income in Carmel remained $115109, which is 71% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Carmel Scorecard

Jobs90%

Housing85%

Affordability85%

Safety90%

Amenities90%

Diversity80%

Education100%

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